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 The HYVE - Cyberjaya, Sohos and Service Suites

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Soros007
post Feb 19 2013, 12:10 AM

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Looks like more n more ppl can accept cyberjaya now.
Hopefully those working there will nest there too.

QUOTE(lamode @ Feb 18 2013, 08:45 PM)
current buyers belong to yes group or no group?  hmm.gif
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JamesPond
post Feb 19 2013, 12:13 AM

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cyberjaya is a no for sure. But it would be a livable community due to low crime rate
Asgaard
post Feb 19 2013, 12:30 AM

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7th floor above is residential

bigmamma
post Feb 19 2013, 06:27 AM

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QUOTE(Asgaard @ Feb 19 2013, 12:30 AM)
7th floor above is residential
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SA explained very clearly that all are Soho under commercial title. The only difference is MOF for above 6th floor is 90% and those below 80%. Asked why same block with 2 different types, simple answer given is requirement by authority. Anyway it is 100000% confirmed that all are under commercial title. Whatever term the SA can use, either residential or commercial, the project is still a SOHO project which by definition is not residential though many buy for residential purpose. No difference from any SOHO projects. Cheers!
bryan_x00
post Feb 19 2013, 07:51 AM

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QUOTE(Cknacci @ Feb 18 2013, 10:56 PM)
Surprise? so to sign loan agreement or not to sign? rclxub.gif
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I will look at the draft spa first before sign.
awh85
post Feb 19 2013, 08:35 AM

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QUOTE(bigmamma @ Feb 19 2013, 06:27 AM)
SA explained very clearly that all are Soho under commercial title. The only difference is MOF for above 6th floor is 90% and those below 80%. Asked why same block with 2 different types, simple answer given is requirement by authority. Anyway it is 100000% confirmed that all are under commercial title. Whatever term the SA can use, either residential or commercial, the project is still a SOHO project which by definition is not residential though many buy for residential purpose. No difference from any SOHO projects. Cheers!
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7 floor and above SOHO under Schedule H of HDA or not?
Seng_Kiat
post Feb 19 2013, 08:50 AM

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Guys,

where is sales gallery I can visit?
bux
post Feb 19 2013, 09:06 AM

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QUOTE(Seng_Kiat @ Feb 19 2013, 08:50 AM)
Guys,

where is sales gallery I can visit?
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Shaftbury square beside Subway
Seng_Kiat
post Feb 19 2013, 09:11 AM

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QUOTE(bux @ Feb 19 2013, 09:06 AM)
Shaftbury square beside Subway
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Cool. thanks mate. smile.gif.

Any reason why some of you choosing this project rather pangeae?
akai82
post Feb 19 2013, 09:56 AM

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QUOTE(bigmamma @ Feb 18 2013, 08:44 PM)
The so called resi units from 7th floor onwards are also Soho under commercial title. Really the only disadvantage is, as u rightly said, in future if we sell, buyer needs to fork out 20% instead of 10%. But to me, as the cost is low, so 10% I extra is not really a lot. I however see an advantage i.e if one has more than 2 loans, buying resi unit, one can get oly 70% loan but if buying commercial unit, one can still get 80%. Moreover, developer is pricing a premium for resi units compared to commercial. So in future if ommmecial is cheaper, it will be easier to sell.  rclxm9.gif  rclxm9.gif  rclxm9.gif
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I also already book the unit between 0-6th floor..lets say future u want to sell & the financing margin is 80% only, what buyer can do is to markup loan to lower the D/P price..my 2 cents smile.gif
lamode
post Feb 19 2013, 09:59 AM

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QUOTE(akai82 @ Feb 19 2013, 09:56 AM)
I also already book the unit between 0-6th floor..lets say future u want to sell & the financing margin is 80% only, what buyer can do is to markup loan to lower the D/P price..my 2 cents  smile.gif
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if that's within 5 years, could mean higher RPGT to gov blink.gif
lamode
post Feb 19 2013, 10:01 AM

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QUOTE(Seng_Kiat @ Feb 19 2013, 09:11 AM)
Cool. thanks mate. smile.gif.

Any reason why some of you choosing this project rather pangeae?
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the entry price and psf.
arj
post Feb 19 2013, 10:09 AM

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QUOTE(akai82 @ Feb 19 2013, 09:56 AM)
I also already book the unit between 0-6th floor..lets say future u want to sell & the financing margin is 80% only, what buyer can do is to markup loan to lower the D/P price..my 2 cents  smile.gif
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Can't simply markup like that. Bank need to do property valuation first and the margin of financing will be based on that figure.
akai82
post Feb 19 2013, 10:54 AM

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QUOTE(arj @ Feb 19 2013, 10:09 AM)
Can't simply markup like that. Bank need to do property valuation first and the margin of financing will be based on that figure.
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yup..perhaps valuation during that time is more higher than current price sweat.gif
seanooi880327
post Feb 19 2013, 11:01 AM

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QUOTE(akai82 @ Feb 19 2013, 10:54 AM)
yup..perhaps valuation during that time is more higher than current price  sweat.gif
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Maybe...

Some will sell below value price and dispose it as soon as possible lo...Those just wan make quick bucks..
bux
post Feb 19 2013, 12:23 PM

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Just paid booking for a no view 1+1 room 520sft commercial unit..hope can make good bucks in the future...i notice there are alotof shaftbury condos...can digest kah?
Malaysian_driver
post Feb 19 2013, 12:24 PM

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QUOTE(Seng_Kiat @ Feb 19 2013, 09:11 AM)
Cool. thanks mate. smile.gif.

Any reason why some of you choosing this project rather pangeae?
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Pricing and nearer to new MRT. By the way, what makes you think that some are not buying BOTH Pangaea and Hyve??

This post has been edited by Malaysian_driver: Feb 19 2013, 12:57 PM
Malaysian_driver
post Feb 19 2013, 01:05 PM

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Cyberjaya really going to have many many new development; some luxurious, some for the "young & dangerous". Vega, Verdi, Pangaea, Hyve, Mirage by the Lake, SEC, etc. and now Prima 12?! If mostly buy for own occupation, will be good. But 70:30 investment:own...really "chia lat".
JamesPond
post Feb 19 2013, 01:12 PM

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talking about risk. iskandar project is even higher
bryan_x00
post Feb 19 2013, 01:53 PM

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QUOTE(awh85 @ Feb 19 2013, 08:35 AM)
7 floor and above SOHO under Schedule H of HDA or not?
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SOHO is definitely under hda.

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